Ford surprises with $1B profit; sees profit in '11 (AP)

Courtesy Ytop stories  Mon, 11/02/2009 - 7:10am

A 2010 Ford Fusion sedan is reflected in the chrome grille of an 2010 Edge at a Ford dealership in Denver on Sunday, Nov. 1, 2009.<br /><br />Ford Motor Co. earned $1 billion in the third quarter, fueled by U.S. market share gains, cost cuts and the government's Cash for Clunkers rebates.(AP Photo/David Zalubowski)AP - Ford, the only Detroit automaker to dodge direct government aid and bankruptcy court, surprised investors with net income of nearly $1 billion in the third quarter and forecast a "solidly profitable" 2011.



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